NITI Aayog

G20’s Startup20 Engagement Group Announces Release of First Draft Policy Communique`

Posted On: 22 MAY 2023 5:32PM by PIB Delhi

The Startup20 Engagement Group under India’s G20 presidency is proud to announce a significant milestone in its endeavors. The first draft of the core Recommendation and Policy Directives of the Policy Communique` is now available for public comments.

India’s Startup20 Chair, Dr. Chintan Vaishnav, invites stakeholders from around the world to provide valuable feedback on the draft document to ensure it adequately reflects the concerns of their respective nations' startup ecosystems.

“The Startup20 Engagement Group recognizes the importance of inclusive and collaborative decision-making processes to foster innovation and growth in the global startup community. To this end, the we encourage the startups, investors, mentors, incubation/accelerator managers, policymakers, and other ecosystem builders to actively engage in the review process,” Dr. Chintan emphasized.

Interested parties can access the Draft Policy Communique` and the corresponding Feedback Form through the official Startup20 website: https://www.startup20india2023.org.The document is now available for public review and comments.

Dr. Chintan further expressed his gratitude for the collective efforts of the group in reaching this important milestone. He further stressed upon the significance of widespread participation in shaping policies that will directly impact the startup ecosystem on a global scale.

The public comment period will remain open until May 27, 2023 during which the Engagement Group will closely evaluate the feedback received. The final version of the Policy Communique` will incorporate the valuable inputs received from stakeholders across nations.

The Startup20 Engagement Group of the G20 continues its commitment to creating an enabling environment for startups to thrive and contribute to economic growth and societal development. The collaborative efforts of global stakeholders will play a vital role in shaping the future of the startup ecosystem.

About Startup20 Engagement Group:

The Startup20 Engagement Group is a dedicated platform within the G20 framework that focuses on facilitating dialogue, promoting innovation, and fostering growth in the startup ecosystem. Comprised of representatives from various countries, the group strives to develop and implement policies that support startups, entrepreneurs, and ecosystem builders worldwide.

Note to editors:

Please do not modify this press release without prior consent from the Startup20 Engagement Group. In case of any query, please contact our media spokesperson.

Contact:

Sumaiya Yousuf

Innovation Lead (Media and Communication),

Atal Innovation Mission, NITI Aayog

M:9319364112

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